Ramsden
Ramsden
Ramsden
Ramsden
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Gloves come off Malaysian equities

Asian markets mixed, China higher The first full trading day of the year has seen strong pan-Asia Manufacturing PMI’s and post-Covid optimism mostly lift markets across the region, with some notable exceptions. As the world’s centre for surgical glove manufacturing, that post-Covid future has seen g

EUR/GBP: Key day reversal points towards short-term upside – Commerzbank

EUR/GBP remains bid after closing above 0.90 on Monday and Axel Rudolph, Senior FICC Technical Analyst at Commerzbank, expects the pair to extend the upside momentum in the near-term. Key quotes “Yesterday EUR/GBP formed a key day reversal by first falling below the late December low to its current

PBOC sets yuan reference rate at 6.4760

The People's Bank of China (PBOC) has set the yuan reference rate at 6.4760 versus Monday's fix at 6.5408.

EMERGING MARKETS-EM FX index hits record high, Chile's peso outperforms

* Chilean economy expands in November * Mexican, Chilean stocks rise * MSCI EM FX index hits all-time high (Updates prices throughout, adds comments) By Ambar Warrick and Shreyashi Sanyal Jan 4 (Reuters) - Chile's peso outpaced its peers on Monday after economic activity was seen expanding in Novemb

Broctagon Prime Partners with FXCubic

Photo: FM FXCubic, a London-based financial technology provider, announced today that it has partnered with Broctagon Prime, the liquidity arm of Broctagon Fintech Group, to add Broctagon Prime to its pool of liquidity providers. According to the official press release shared with Finance Magnates,

Vietnam Manufacturing Sector Moves Back To Expansion In December - Markit

The manufacturing sector in Vietnam climbed back into expansion territory in December, the latest survey from market Economics revealed on Monday with a manufacturing PMI score of 51.7. That's up from November and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

Asian factories shake off COVID-19 hit, tighter controls cloud outlook

TOKYO (Reuters) - Asian factory activity expanded moderately in December thanks to robust demand in regional giant China, business surveys showed on Monday, the latest sign that manufacturers are emerging from the initial damage of the COVID-19 pandemic. But Chinese factory growth slowed and tougher

The US has already lost the 2020 crypto regulation race to Europe

When it comes to crypto regulation, the United States is falling further behind more progressive and visionary nations. Photo: Cointelegraph 2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, su

TABLE - Pakistan reserves decrease by $65 at $13,150.9 week ending Dec 24

KARACHI, Pakistan, Dec 31 (Reuters) - Pakistan's foreign exchange reserves decrease by $65 at $13,150.9 million in the week ending Dec 24, compared to $13,216.2 million in the previous week, central bank said on Thursday. RESERVES Week ending Previous Week Change/pct ($ billions) Dec 24 Held by the

Serbia Legalizes Cryptocurrency Trading

Photo: Serbia Serbia has pivoted from its anti-crypto stance to allow digital currency issuance and trading under a new law passed by its government earlier this year. The law came into effect on December 29 after the Serbian government published it on an official gazette and will apply to the digit

Downbeaten S&P 500 energy sector throws off bullish 'golden cross' signal

Dec 30 (Reuters) - A bullish technical signal was being given by the S&P 500 energy sector on Wednesday, when the 50-day moving average for the industry index rose above the 200-day moving average, forming what chartists label a “golden cross.” While the index is up 4.6% in December, it remains

USD/CHF languishes close to annual lows in the 0.8820s

USD/CHF hit fresh annual lows during Wednesday’s Asia Pacific session under 0.8820 and has since remained pressured below 0.8850. The pair currently trades close to these lows, pressured by broad USD weakness. USD/CHF slumped to fresh annual lows beneath 0.8820 during Wednesday’s Asia Pacific sessio

Asian shares jump to record high as investors bet on healthier 2021

Tradehay.com: 30/12/2020 - 10:49 Asian shares hit a record high on Wednesday with investors betting on a strong economic recovery next year, as there is little sign policymakers wind back massive stimulus efforts aimed at staving off coronavirus-fuelled downturns. MSCI's gauge of Asia-Pacific shares

Gold price touches the channel’s support – Analysis - 23-12-2020

Gold price’s decline stopped at the bullish channel’s support line that appears on the chart, and begins providing positive trades in attempt to move away from this support, motivated by the positive signal provided by stochastic, which makes us suggest witnessing more rise today, waiting to test 18

Yuan rises for 3rd straight day, reflecting dollar weakness

SHANGHAI, Dec 30 (Reuters) - The yuan advanced for a three straight day on Wednesday, tracking broad dollar weakness, but trade was thin as many investors stayed on the sidelines ahead of the year-end holiday. The dollar slumped to multi-year lows against many currencies as traders looked past a new

Pull-up Update